Vima LLC Takes Position in The Goldman Sachs Group, Inc. (NYSE:GS)

Vima LLC acquired a new position in The Goldman Sachs Group, Inc. (NYSE:GS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 376 shares of the investment management company’s stock, valued at approximately $145,000.

A number of other institutional investors have also recently made changes to their positions in the business. Shorepath Capital Management LLC acquired a new stake in shares of The Goldman Sachs Group in the 4th quarter worth $10,249,000. Pineridge Advisors LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth about $29,000. EP Wealth Advisors LLC lifted its position in The Goldman Sachs Group by 25.4% during the 4th quarter. EP Wealth Advisors LLC now owns 3,649 shares of the investment management company’s stock worth $1,408,000 after acquiring an additional 740 shares during the period. Syon Capital LLC lifted its position in The Goldman Sachs Group by 19.1% during the 4th quarter. Syon Capital LLC now owns 5,135 shares of the investment management company’s stock worth $1,981,000 after acquiring an additional 824 shares during the period. Finally, Sierra Summit Advisors LLC acquired a new stake in The Goldman Sachs Group during the 4th quarter worth about $285,000. Institutional investors and hedge funds own 71.21% of the company’s stock.

Insider Transactions at The Goldman Sachs Group

In related news, Director David A. Viniar sold 5,000 shares of the stock in a transaction on Monday, April 29th. The stock was sold at an average price of $432.25, for a total value of $2,161,250.00. Following the transaction, the director now owns 623,425 shares of the company’s stock, valued at $269,475,456.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GS. Royal Bank of Canada lifted their price target on The Goldman Sachs Group from $390.00 to $405.00 and gave the stock a “sector perform” rating in a research report on Tuesday, April 16th. HSBC lifted their price target on The Goldman Sachs Group from $460.00 to $470.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. JMP Securities lifted their price target on The Goldman Sachs Group from $440.00 to $460.00 and gave the stock a “market outperform” rating in a research report on Tuesday, April 9th. Citigroup lifted their price target on The Goldman Sachs Group from $410.00 to $425.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 16th. Finally, Oppenheimer boosted their price objective on The Goldman Sachs Group from $479.00 to $517.00 and gave the company an “outperform” rating in a report on Tuesday, April 30th. Six equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $440.57.

The Goldman Sachs Group Trading Up 0.0 %

NYSE:GS traded up $0.11 during trading hours on Friday, reaching $446.46. 1,559,064 shares of the stock were exchanged, compared to its average volume of 1,947,240. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.18. The business has a 50-day moving average of $439.28 and a two-hundred day moving average of $403.21. The Goldman Sachs Group, Inc. has a twelve month low of $289.36 and a twelve month high of $471.48. The company has a market capitalization of $143.97 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 0.90 and a beta of 1.39.

The Goldman Sachs Group (NYSE:GS) last released its quarterly earnings results on Monday, April 15th. The investment management company reported $11.58 EPS for the quarter, topping analysts’ consensus estimates of $8.54 by $3.04. The Goldman Sachs Group had a return on equity of 8.86% and a net margin of 8.17%. The company had revenue of $14.21 billion for the quarter, compared to analysts’ expectations of $12.94 billion. During the same period in the prior year, the firm earned $8.79 earnings per share. The firm’s revenue was up 16.1% compared to the same quarter last year. On average, equities analysts predict that The Goldman Sachs Group, Inc. will post 36.57 EPS for the current year.

The Goldman Sachs Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Thursday, May 30th will be given a dividend of $2.75 per share. This represents a $11.00 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date is Thursday, May 30th. The Goldman Sachs Group’s dividend payout ratio is currently 42.95%.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc, a financial institution, provides a range of financial services for corporations, financial institutions, governments, and individuals worldwide. It operates through Global Banking & Markets, Asset & Wealth Management, and Platform Solutions segments. The Global Banking & Markets segment provides financial advisory services, including strategic advisory assignments related to mergers and acquisitions, divestitures, corporate defense activities, restructurings, and spin-offs; and relationship lending, and acquisition financing, as well as secured lending, through structured credit and asset-backed lending and involved in financing under securities to resale agreements.